Author Archive for: Susi

PAX speaks to negotiators- finance as part of assistance

Today Selma van Oostwaard of PAX delivered a statement calling for financing to be included in the next draft of the Convention to Prohibit Nuclear Weapons. The full statement is below.  Read more

Read more

Nuclear Weapon Prohibition negotiations resume

This morning in New York negotiations resumed on the Convention on the Prohibition of Nuclear Weapons. The draft is a good basis for discussion, and includes strong language including on the prohibition of assisting with any making, having or using of nuclear weapons. PAX would like to see the treaty also forbid financing. Read more

Read more

UN Negotiations hear: Prohibit finance of nuclear weapon producers

Susi Snyder delivered remarks to the UN Negotiations to prohibit nuclear weapons leading to their elimination. These remarks were well received, and a significant number of states called for the inclusion of a prohibition on financing of nuclear weapon producers in the core prohibitions of the new treaty. The remarks are below. Read more

Read more

KBC Responds to Don’t Bank on the Bomb

KBC, a Belgian financial institution, responded to the 2016 update of Don’t Bank on the Bomb. The response reflects on KBC’s recently updated policy around weapons- including nuclear weapons. PAX welcomes the new KBC policy and appreciates the KBC engagement around the Don’t Bank on the Bomb report. The full response can be read here, and there is more information about the investments and the producer after the jump. Read more

Read more

2016 Don’t Bank on the Bomb

Is your bank ready for the ban?

Banks controlling over 1.7 trillion Euros are ready, with policies that strictly prohibit any investment of any type in any kind of nuclear weapon producing company. These 18 banks are profiled in the Hall of Fame of the Don’t Bank on the Bomb, 2016 edition. These Hall of Fame institutions are based in Australia, Denmark, Italy, the Netherlands, Norway, Sweden and the United Kingdom. Read more

Read more

2016 Runners-up

These financial institutions have policies preventing investments in nuclear…

Read more

2016 Hall of Fame

These financial institutions, by implementing comprehensive policies against…

Read more

Charles Stark Draper Laboratory

Charles Stark Draper Laboratory (“Draper”) is the prime contractor for the Trident Life Extension (LE) boost guidance and is manufacturing the guidance system for the Trident missile system in use by the UK and the US.

Read more

Read more

Textron to end the production of cluster munitions

Great news! American company Textron has announced it will end its involvement with cluster munitions. This is wonderful news and truly a victory for the global campaign against cluster munitions showcasing the valuable contribution divestment makes to disarmament. Hopefully, Textron will consider also ending its production of key components for nuclear weapons. Read more

Read more

Swiss initiatives to ban investments in nuclear weapons

by Dominique Jaussi, co-founder Business & Human Rights Conform (BHRC) Does…

Read more